EURUSD Price Analysis – March 16 Since trending as high as the 1.1236 level earlier in the day, at the time of writing, EURUSD has now come under some selling pressure and drops the price down to the 1.1172 level. In the second time this month, the US Federal Reserve is cutting the benchmark rate […]
USDWTI Price Analysis – March 16 Today, the price of WTI oil has fallen to the lowest since last Monday’s crash, bursting at $30 and $29 levels through round-figure confluences while ignoring external intervention. The oil sell-off activate overnight after Fed’s aggressive measures failed to calm down investors, with ongoing price war between major producers […]
GBPUSD Price Analysis – March 16 With the Fed’s surprise activity reminiscent of the US dollar bears, GBPUSD bounces off lows in an early attempt to rebound past the level of 1.2300 to 1.2412 and higher than 0.50 percent on Monday as it heads into open European and American session. During the early Asian session, […]
S&P 500 Price Analysis – March 16 Today, it seems that market selling may continue as the S&P 500 furthers its decline again. The unexpected move by the US Federal Reserve to cut rates by 100 bp from 1% -1.25% to 0% -0.25% and the announcement of a quantitative easing program, it seems, has not […]
EURJPY Price Analysis – March 13 Increased selling pressures in Japanese currency at the end of the week lift EURJPY near the 119.00 marks. The BOJ liquidity injection and recovery at the early day’s risk have recently been of help to pair. Key Levels Resistance Levels: 123.37, 121.74, 199.66 Support Levels: 118.37, 117.08, 115.83 EURJPY […]
XAUUSD Price Analysis – March 13 Gold promptly returned the fall at the beginning of the Asian session to more than a month low and jumped to new session highs, as buyers return with the goal of significant growth, closer to the $1,600 mark. The latest stimulus from the Fed and market opinion about the […]
AUDUSD Price Analysis – March 12 The AUDUSD pair continues to drive lower on Thursday, capitalizing on risk-off flows with the greenback. As of the time of writing, the pair had registered its lowest level at 0.6266 in 11 years, erasing around 3 percent daily. Increased concerns over the spread of coronavirus are triggering a […]
USDWTI Price Analysis – March 12 On Thursday the price of a barrel of oil stabilized, but bulls are hit, as the US petroleum stopped its recovery attempt from a level of $30.21 and crashed almost 7 percent. West Texas Intermediate oil has depreciated from $33.60 to a price level of $30.72, because of the […]
Lately, the European Securities and Markets Authority has introduced leverage restrictions on assets that are traded on brokerage platforms in the EU and the UK. The problem here is that many retail traders cannot afford the large margin requirements necessary to support trading in such conditions of limited leverage. If you decide to trade with […]
